Tata Power gets Rs 538 cr solar order from EESL

Tata Power Solar Systems, a unit of Tata Power, has received a ₹538 cr engineering and construction order for ground-based solar power generation facilities from public sector energy service company EESL. The various power generation equipment will be constructed at different locations in Maharashtra, and will together have a capacity of 100 MW. The order […]

Reliance Industries’ purchase of polysilicon maker: A mega step to dominate Indian solar market

Reliance Industries has made a strategic acquisition in the form a Norway-based maker of solar-grade polysilicon at a cost $777 million (Rs 5,880 cr) from its Chinese owner. REC Solar Holdings has three manufacturing facilities – two in Norway for making solar grade polysilicon and one in Singapore making PV cells and modules. The 25-year-old […]

NTPC eyes international expansion with EDF tie-up

NTPC Ltd said its tie-up with EDF or Électricité de France announced by the government yesterday is likely to help it expand globally, while also making Indian power market more efficient and carbon neutral. The deal was announced yesterday by the French Ambassador to India, Emmanuel Lenain. The French are keen to help Indian transition […]

Reliance Industries forms trading subsidiary in the UAE

Reliance Industries, India’s most valuable company, has established a subsidiary in the United Arab Emirates. The company said it invested $1 mn to float Reliance International Ltd based in Abu Dhabi Global Market, UAE. The company will engage in trading of crude oil, petroleum products, petrochemicals and agricultural commodities, among others, said the Mukesh Ambani-led […]

Tata Power starts 150 MW solar plant in Rajasthan

Tata Power said it has commissioned a 150 million watt solar plant at Loharki in Rajasthan that will produce around 350 million units of power per year. The power will be supplied to Tata Power’s distribution arm. The estimate of 350 million units indicates a comparatively high efficiency of output. A 150 million power solar […]

Sumant Sinha’s Renew Power buys L&T’s UT hydro project for Rs 985 cr

Construction giant Larsen & Toubro sait it has sold its 3 x 33 MW hydroelectric power plant in Uttaranchal to Renew Power Private Ltd for Rs 985 cr. It said the move is aimed at allowing the company to become a more asset light organization and improve shareholder value. “This development is a significant step […]

Reliance Industries makes 370-cr bet on Li-ion rival

Reliance Industries, India’s largest private sector company, has announced a Rs 370 cr bet on a technology that aims to rival the dominant Li-ion technology for stationary and large-scale applications. The company has invested $50 mn in a US-based startup, Ambri, to in exchange for an unspecified stake in the company. Ambri, which started out […]

Karnataka overtakes Gujarat, Raj to emerge No.1 solar state

Karnataka has emerged as India’s No.1 state in terms of installed solar power capacity overtaking early leaders such as Gujarat and Rajasthan, according to the latest numbers from the Minister of New and Renewable Energy, Government of India. According to these numbers, the south Indian state accounted for almost a whopping 19% of India’s total […]

India on track to meet 2022 renewable energy target: Govt

India has a whopping 77.17 gigawatt of renewalble power generation capacity either under implementation or in the process of being allocated for implementation, according to data from the ministry of new and renewable energy, Government of India. This is equal to about 83% of India’s total renewable energy capacity of 93 GW in place as […]

Adani Welspun makes ‘significant’ gas discovery off Mumbai coast

Adani Welspun Exploration Ltd. (AWEL), a joint venture between the Adani Group and Mumbai-based Welspun Enterprises Ltd, announced its first ever gas discovery in a NELP-VII block Tapti-Daman Sector of Mumbai Offshore basin. Known as MB-OSN-2005/2, the 714.6 sq.km block is located in an area where production is already underway by other operators. The block […]

Tata Power gets Rs 488 cr solar plant order from Kerala SEB

Tata Power said it has won a Rs 488 cr order from Kerala State Electricity Board Ltd to put up a 110 megawatt solar power project in the southern Indian state. The power plant, which has the capacity to produce 110 million watts of electricity, is expected to generate about 274 million units of power […]

Tata Power gets letter of award for 100 MW solar farm in Maharashtra

Tata Power Renewable Energy, a unit of Tata Power, has been awarded a contract to supply solar electricity to Maharashtra State Electricity Distribution Co for a period of 25 years. State and central power utilities award such contracts by conducting a bidding process in which companies are expected to offer their cheapest rate for supplying […]

Indian coal plants unlikely to meet pollution norms: CSE

A new study report by Centre for Science and Environment (CSE) finds that almost 70 per cent of India’s coal-fired power plants will not meet revised emission standards that come into effect in two years. The norms were set in December 2015 by the Ministry of Environment, Forest and Climate Change (MoEF&CC). “Even after seven […]

BHEL to supply electric buses for Gorakhpur airport

Bharat Heavy Electricals Ltd, India’s largest electrical equipment maker, said it has won a contract to supply electric buses for the Gorakhpur airport. A new airport for the Uttar Pradesh city, spread over 300 acres, will be set up on the Gorakhpur-Varanasi highway. At present, there is a small airport at Gorakhpur which is serviced […]

Tata Power gets Rs 1,505 cr solar power project from NTPC

Tata Power said its solar unit has got a Rs 1,505 cr contract to set up a 250 megawatt solar power plant for India’s largest power producer NTPC. The contract, the biggest ever to be received by the company from an external customer, has to be completed in 20 months. With this order, the order […]

India hopeful of signing nuclear plant deal with Westinghouse soon

India’s junior minister at the Prime Minister’s Office, Dr Jitendra Singh, today said the government was still hopeful of signing a deal to set up a massive, 7.2 GW nuclear power plant in partnership with US-based Westinghouse Electric. Singh, who was responding to a question in the parliament today, said Westinghouse’s bankruptcy delayed proceedings, but […]